Canadian Home Sales Rise for a Fourth Straight Month

October 2, 2018

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Greg Quinn - Bloomberg

Canada’s housing market showed continued signs of stabilizing in August, with sales rising for a fourth straight month and prices easing.

The number of transactions rose 0.9 percent from July to 39,366 units, the Canadian Real Estate Association said Monday from Ottawa. Sales in Toronto, the nation’s biggest city, advanced 2.2 percent and rose 2.9 percent in Vancouver.